More details unveiled on home scheme for rental flat families

Singapore

THE government on Monday released more details on the Fresh Start Housing Scheme, which will help families in public rental flats with young children own a home again.

These are households that had previously enjoyed a housing subsidy, but have sold their flats along the way. They are now likely to have a smaller housing budget, and be mired in financial difficulties. They also cannot enjoy housing grants meant for first-timers, and have to pay a resale levy when buying a second subsidised flat from HDB.